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% jump in defense spending by the government played the biggest role. without that increase, the economy's growth rate would have been only 1.4%. this is a passable number but no better than that? >> right. i don't think anyone's doing a victory lap on the economy. >> reporter: sean west studies politics and economic policy for the eurasia group. he says the numbers have something in them for both campaigns: president obama can claim the economy is growing, but governor romney can claim it's not growing fast enough. >> voters have basically drawn their conclusions about the economy already so, you know, the impact that a g.d.p. number can have or that the final jobs report on the friday before the election is going to have is won only at the margins. now, this election is close enough that the margins matter. >> reporter: as west mentioned, the last unemployment before the vote comes out a week from today. surprise in either direction could influence the outcome of the election. >> pelley: and anthony, that election is now officially the most expensive in u.s. history. it just passed tha
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